Bitcoin and Ethereum are both the same; right now it’s moving sideways with a decline. So, after breaking above the previous swing high, it’s only a matter of time. If it pulls back, it’s still mainly set up to go long. Whether it’s “adding fuel” on shorts or a rebound from the bottom, those are the primary signals to watch. Then focus on the previous swing high area—when it reaches there, lock in profits. Since yesterday into today, keep this long position and continue locking in the principal. On the 4-hour cycle, it can keep “adding fuel” and gradually move the stop-loss!
Continue holding the long position. We’re currently approaching the pressure level. Once that pressure level is broken, it will likely carry through and drive the four-hour cycle to turn green for a “green signal” and keep going upward, giving a chance to move toward the previous high. We can potentially push up to 2744, then lock in profits. At the current position, be sure to protect break-even and cut if needed. If this pressure level isn’t broken and price pulls back downward, then exit and wait for the bottom to bounce before taking another long!
A one-hour cycle has already produced three green candles, and currently it has not broken below 2700. Be sure to set a stop-loss. You can place it at 2670. Once price breaks below this level, exit. The same applies for any position size: once it breaks below, after the next one-hour period turns back red, wait for the signal confirmed by the “two-candle love” golden cross on the 15-minute timeframe. The cycle we’re trying to capture is the one-hour cycle; once one hour has completed, the potential upside/downside space isn’t that large. That’s why you absolutely must use a stop-loss—you can’t hold just for the sake of holding!
More signals have started coming out. After confirming, you can enter in order starting at 136, adding to the one-layer position. It happens to move in the direction of turning green within about an hour, then watch the overhead resistance at 2700—once it breaks, you can continue going toward 2770. Once you see three green candles, lock in the profit. Then watch toward 2770!
Bitcoin surged to 87,000 yesterday, then dropped again, but it didn’t break the bullish trend. In a bull market, it’s easy for prices to poke through levels, but the key is that after the spike down, it closes back up. So as long as the trend hasn’t been broken, it’s still a good signal to go long—just like with Ethereum. After 2,700 was broken, what you waited for was the confirmation signal from the second “golden cross in harmony” (two bullish crossover signals aligning), which was the signal to go long at 136. Next, another daily timeframe upmove is what will fully release the bullish trend!
The first signal has already moved out. Today, be patient and wait for the 25-minute cycle to drop once more. When, on the second time, the two lines achieve a mutual love golden cross confirmation, then enter at 136. If the opportunity doesn’t show up, just let it run up—don’t chase the “more.” Missing it has no cost. Just pay attention to whether 2700 breaks through. If it doesn’t, within an hour it will move out and turn green—then you’ll have the chance of a “death cross → short” opportunity. So for now, while the signal hasn’t confirmed yet, only wait. Once the signal is confirmed, then follow the instructions and take the move!
The short position locks in profit—it's already at 2700. If it falls below this level, it will break the signal for in-flight refueling. When doing bottom-rebound longs afterward, the first signal must be staggered; only after the second signal appears should you go long. When a one-hour cycle forms three red candles, lock in most of the profits. If it can break below 2670, you can take profit directly. A sell-off with increased volume is very likely to rebound!
This is the first time we’re getting a callback. After this callback, if within a one-hour cycle it hasn’t turned red and followed through on the rise to push higher, then on the second time we output the “two love each other” death cross confirmation, we can follow the 136 plan. Ideally, it will come back to the 2770 area to issue a signal. Then the callback would be to watch the support level at 2700! And if this time it falls—directly with the one-hour cycle also turning red and dropping down—then the short won’t be taken. Instead, wait around 2700 and add fuel to go long!
After the long position profit is knocked out, don’t chase the price up. Wait patiently. When the next pullback comes down and the support level is around 2700, if after one hour you see three red candles, and the price is close to 2700, then after another 15 minutes when two consecutive “two lines meeting and golden cross” signals confirm, you can enter long again according to 136. What you’re taking is the subsequent price action at the daily-chart level that comes back to the 2800 area—this time, after taking profit. If it doesn’t reach around 2770, don’t open a short. Even if you do, only after the second “two lines meeting and dead cross” confirmation signal appears, then short according to 136!
We’ve already come close to around 2740. If you want to take profit, you can take profit directly. If you don’t want to take profit, then lock in most of the profits and hold. Next, if it can continue to rise, the top target would be 2770. No long positions are currently held—don’t chase the price. No matter how high it rises, only do “refueling long” on pullbacks after it drops; don’t worry about missing the move. You might miss the exact level, but the signals will never be wrong. Don’t go short if the price doesn’t reach the 2770 area and form a turn. Even when the second dead cross appears, don’t short—wait specifically for the refueling long signal!
For this bullish side to break out on one direction, there’s a clear pressure level at 2770 above. Only after this pressure level is broken, and the price pulls back to re-enter for a “refuel” long position, will the bullish one-direction market come through. That means it breaks out from the recent days of range-bound action. So for longs, piercing into levels like 2740 and 2760 can be used as take-profit points; you don’t necessarily have to wait until 2770 to take profit. Don’t get too greedy—make sure not to aim for just a little short of the target.
The long positions are locked in to secure profits. If there is another rise toward around 2740, you can take profit. Recently, on the daily chart level, the bulls have not yet fully emerged; shorts also are not gaining traction—especially when there is a sell-off with increased volume, shorts won’t take the bait. Just wait for continued support in longs and a bounce from the bottom. Once the bulls on the daily chart level finally break out, there will be an opportunity to break above 2800 again. At higher levels later on, there will naturally be空 positions and signals to come out!
After an hour, red has also started showing. Next, it’s about waiting for the signals to be confirmed by the “15th cycle” and the two-love-and-affinity golden cross confirmation. Don’t rush in before the signal is confirmed. Once confirmed, as long as it’s not a confirmation with expanding volume, you can enter using the 136 method. For now, still let it run. After an hour, if three red candles form, then in the next 15 minutes, look for the signal again—this way the move tends to have better cost-effectiveness!
It’s still not urgent to enter yet. If it continues to fall for another hour, then wait for a red signal once more. Then, when the 15-minute bullish crossover is confirmed—at that point, start buying long according to 136. For now, let the market consolidate on its own, until the signals that meet the requirements appear!
Another such surge-and-drop. After the profits are wiped out, wait again. When the volume increases, don’t chase short positions; even if you’re going long, you still need to keep waiting. Next, patiently wait for an hour to see the price break out of three consecutive red candles, then after 15 minutes, when the golden cross is confirmed with mutual agreement, take the signals alternately—wait for the second signal confirmation before entering again using the 136 plan to catch the bottom bounce and go long! In the current situation, let the market repair itself!
Go long to lock in profit and take it as usual. Keep the long position profit tight, so you can still eat if it rises. If this time it can quickly surge to 2770, you can take profit, and then still don’t do the short. After it pulls back, continue waiting to add more longs in the short-term pullback, and keep it going!
A 15-minute cycle can be used to enter after one red-to-down drop, and then when it again meets the Two-Way Love Golden Cross confirmation, you can follow the 136 entry to enter more. If you’ve already entered, watch for the situation where three green candles appear within one hour—make sure to set a trailing stop and take it with a moving stop. The long trend on the higher timeframe hasn’t released yet, so even if there’s a pullback, still pay attention to the long direction!
2735 has been reached. Those who want to take profit can take profit; those who don’t want to take profit can lock in more profit and hold. As for shorts, don’t do anything—when the pullback comes, you can still wait for more short positions to add. If you’re able to add on the next time, there’s a chance to push the market into a one-way move on the daily timeframe. It could go above 2800. The condition is that when the pullback occurs, the “vital line” support is able to hold!
Hold the long to lock in profits and take them. On the one-hour timeframe, three green candles have already formed. 2735 hasn’t arrived yet—keep locking in profits. When 2735 reaches, you can take profit. Don’t not lock profits and let it turn into a roller coaster. After the rally, don’t open shorts on pullbacks—wait and then continue to eat on the next leg. The main goal is to catch the bigger timeframe moves later!
The daily timeframe has been falling sideways downward for the third day at this position, so there is still a chance to break above the previous high. This is also why, after a pullback, the bias remains primarily long. On the one-hour timeframe, there is currently no green candle yet. You can keep holding the long with one layer of position. If it can break upward and then form three green candles, lock in profits and take profit. If it can be pushed up to 2735, take profit there. If you don’t want to take profit, you still must lock in profits and take them—don’t let it turn into a roller coaster!